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CALGARY — Light oil producer Crescent Point Energy Corp. posted year-end production numbers that beat guidance as it celebrated it first day of trading on the New York Stock Exchange. The company, which uses horizontal wells and multi-stage fracturing technology to produce oil in Saskatchewan, Alberta, North Dakota and, most recently, Utah, reported it exited 2013 with output of 126,500 barrels of oil equivalent per day, ahead of its previous guidance of 124,000 boe/d.

CALGARY — A four-month marketing process has resulted in Cenovus Energy Inc. agreeing to sell southern Saskatchewan tight oil assets for $240 million to a Calgary junior. Cenovus, better known for its thermal oilsands production, reported Tuesday after markets closed that it had struck a deal to sell its Shaunavon package, about 14,000 hectares producing about 3,600 barrels of oil per day, to Surge Energy Inc.